According to the Penal Code of the Republic of Panama, an individual sentenced to imprisonment who has completed two-thirds of their sentence with indicators of rehabilitation, good conduct, and compliance with prison regulations may be eligible for parole. Parole will be granted by the Executive Branch through a resolution and…
An attempt by one spouse against the life of the other spouse, or of his or her sons, daughters, stepchildren, or stepdaughters; Cruel physical or psychological treatment, rendering domestic peace and tranquility impossible; Extramarital sexual intercourse; The proposal by one spouse to prostitute the other spouse; An attempt by the…
Accordiing to Act No. 6 of 16 June 1987 (Official Gazette 20,827 of 22 June 1987), Panamanians or foreigners residing in the national territory who are fifty-five [55] years of age or older, if they are women; or sixty [60] years of age or older, if they are men; and all…
Essential Steps Hire a Panamanian licensed lawyer: Prepare a Power of Attorney and Application, addressed to the President of Panama, pursuant to Article 10 of the National Political Constitution. Submit the documentation to the National Immigration Service. Documentation Required: Notarized Power of Attorney Renunciation of current nationality Expression of…
Taxpayer obligations in Panama Pay their own tax and withholding taxes within the legal deadlines. Keep accounts in accordance with generally accepted accounting rules and principles, based on the International Financial Reporting Standards or IFRS and the International Accounting Standards or USGAAP, under the accrual, cash, and cash methods, as…
Taxpayers’ Rights in Panama The right to be treated with due respect and consideration by all officials of the Tax Administration. The right to be considered and treated as a taxpayer in compliance with their obligations until conclusive proof to the contrary is provided. The right to have the actions…
Naturalized citizens of Panama Original valid identity card. This document is essential for the application. Copy of the identity card authenticated by the Electoral Tribunal of Panama. Naturzation certificate authenticated by a Panamanian notary public. Original certification issued by the National Immigration Service of Panama or full birth registration certificate…
Requirements – Natural persons Certificate to possess a firearm or license to carry a firearm in Panama Be a natural person, either a Panamanian citizen or permanent resident of Panama, and have reached 18 years of age for a certificate to carry a firearm and 21 years of age for…
The written employment contract shall contain: Name, nationality, age, sex, marital status, domicile, and ID number of the parties. When the employer is a legal entity, its name or corporate name must be stated, along with its domicile, the name of its legal representative, and its registration data in the…
When it is not possible to file a police report at the scene of the accident due to the escape of any of the parties involved, the party who considers himself/herself affected may file a complaint, either for hit and run, or for the damage caused to public or private…
